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BIS tests blockchain on XRP Ledger to secure official economic data from tampering.

Protocol Fundamentals
03 Sep 2026
Blockonomi
View Source
Bullish
pluang ai news

The Bank for International Settlements (BIS) published a working paper on September 2, 2026, detailing a blockchain system built on the XRP Ledger to protect official economic data from alteration. The system creates cryptographic fingerprints of datasets and anchors them on-chain for quick verification, achieving 3-5 second publication and 1-2 second verification times with low costs. This prototype was tested on XRPL’s DevNet, not the live network, and the full code was released as open source. The project highlights growing institutional interest in XRP Ledger technology for data security, though it does not imply live adoption or use of XRP tokens for settlement yet.

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